I didn't want to share this in my comment at the risk of coming across as a self-promoter, but I've started writing about what I look at when evaluating an opportunity.
I don't really mind competition, I'm sure there folks that have been doing what I am for many years now.
If I had to boil it down to a few key points:
- Is the app something I'd use
- Is it something I'm interested in pushing towards "best-in-class". I'm an optimistic person and I know a lot of app acquisitions will end up in milking existing users and adding little value, but I'd like to believe that app acquisitions have the benefit of making apps better overall. Rather than starting from scratch, developers have the opportunity to push forward from a solid base that has achieved some level of product-market fit.
- Does it have something in common with other things I'm working on/ working towards? Sharing tech/marketing/sales efforts will help maximize the time spent on maintenance and growth.
https://www.getrevue.co/profile/AppleTurnover
I don't really mind competition, I'm sure there folks that have been doing what I am for many years now.
If I had to boil it down to a few key points:
- Is the app something I'd use
- Is it something I'm interested in pushing towards "best-in-class". I'm an optimistic person and I know a lot of app acquisitions will end up in milking existing users and adding little value, but I'd like to believe that app acquisitions have the benefit of making apps better overall. Rather than starting from scratch, developers have the opportunity to push forward from a solid base that has achieved some level of product-market fit.
- Does it have something in common with other things I'm working on/ working towards? Sharing tech/marketing/sales efforts will help maximize the time spent on maintenance and growth.